Jakarta, July 17 -- Reduction of the tariff rate imposed on Indonesian products entering the United States, from 32 percent to 19 percent, could help boost Indonesia's economic standing, National Economic Council (DEN) Chairman Luhut Binsar Pandjaitan stated.

Pandjaitan emphasized that the government's success in securing the lower rate is part of strategic steps to strengthen supply chains, attract investment, and boost Indonesia's position as a respected trading partner.

"We are not just rolling out the carpet for foreigners - we are opening more avenues for Indonesian products and businesses to compete globally. This is part of our economic diplomacy with long-term goals rooted in national interests," he noted in a statement on Thurs...